Nikulski Financial Inc. Sells 77 Shares of Microsoft Co. (NASDAQ:MSFT)

Nikulski Financial Inc. trimmed its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,469 shares of the software giant’s stock after selling 77 shares during the period. Microsoft makes up about 2.5% of Nikulski Financial Inc.’s investment portfolio, making the stock its 10th biggest position. Nikulski Financial Inc.’s holdings in Microsoft were worth $8,628,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. BCK Partners Inc. increased its stake in shares of Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after purchasing an additional 24 shares during the last quarter. Global Wealth Strategies & Associates boosted its holdings in shares of Microsoft by 0.8% during the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock worth $1,290,000 after buying an additional 25 shares during the period. Christopher J. Hasenberg Inc boosted its holdings in shares of Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after buying an additional 25 shares during the period. Sequent Asset Management LLC boosted its holdings in shares of Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after buying an additional 25 shares during the period. Finally, Cypress Point Wealth Management LLC boosted its holdings in shares of Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after buying an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Stifel Nicolaus reduced their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday, March 7th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $425.00 to $450.00 in a report on Thursday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $510.43.

Microsoft Stock Performance

Shares of Microsoft stock opened at $388.56 on Friday. The company has a 50 day moving average of $412.43 and a 200-day moving average of $420.55. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a market cap of $2.89 trillion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the previous year, the business posted $2.93 earnings per share. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is 26.73%.

Microsoft Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.